47 Vassar Rd Poughkeepsie, NY 12603
This exceptional commercial property at 47 Vassar Rd, Poughkeepsie, NY 12603, presents a unique opportunity for a savvy investor. Priced at $225,000, this 2,000 square foot retail space includes a well-established pizzeria and restaurant business, complete with all equipment. The current owners, retiring after 28 years, have cultivated a thriving, community-loved establishment. The sale includes the business name and all existing equipment, offering a truly turnkey operation. The spacious layout features a 44-seat dining room and a 20-seat front area, providing ample space for customers. The kitchen is fully equipped with an 8-burner gas stove, grill, steam table, fryer, one refrigerator and two freezers, two double sinks, a salad bar, multiple coolers, a mixer, an ice maker, a fountain machine, and a cash register. Security is ensured with a CSS system and four cameras. The property also includes a beer and wine license (transferability requirements apply). A 10-year lease remains on the property, providing long-term stability. This is a rare chance to acquire a profitable, established business with significant potential for continued growth in a desirable location. Don't miss this opportunity to step into a ready-made success story.
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Goodfellas Pizzeria & Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.